This partnership will equip 2,000 Bank of Singapore employees with specialized skills, 500 of which are based in Dubai, Hong Kong and Manila. Bank of Singapore will adopt Coursera's enterprise platfor... ( read original story ...)
VSure.Life Makes a Mark for Insurtech at RISE Hong Kong
adds Wong, one of the nine pioneering individuals from various industry backgrounds such as information technology, banking and finance ... for example in Hong Kong, Singapore, Indonesia, Thailand, an... ( read original story ...)
Deutsche Bank Wins Nod to Underwrite Corporate Bonds in China
Deutsche Bank AG became the latest foreign bank to be allowed to underwrite ... A year ago, China started allowing overseas investors to invest via Hong Kong through the bond-connect program in the bi... ( read original story ...)
Ticket prices slashed for Hong Kong e-sports festival after concerts cancelled, organiser announces
Hung said the event cost HK$40 million, of which HK$35 million was funded by the board and rest from its sponsor, the Industrial and Commercial Bank of China (Asia). ( read original story ...)
Hong Kong’s new IPO listing rules working for innovation startups
IT, biotech, medtech, healthtech early stage companies find a new friendly listing platform in Asia. The Hong Kong Stock Exchange (HKEX) has recently reformed its listing regime to welcome companies f... ( read original story ...)
Movie Special Effects Maker Plans Hong Kong IPO for China Unit
Movie and television post-production house VHQ Media Holdings Ltd plans to spin off its China operations and list the unit in Hong Kong to help fuel ambitious growth targets in the booming Chinese mov... ( read original story ...)
Tech giant’s disappointing debut casts a cloud over Chinese IPOs in Hong Kong
Investor sentiment appears to be lackluster for “new economy” Chinese companies. Tencent Music says it’s heading to the U.S. for its IPO. The U.S.-China trade war is weighing on the outlook for Chines... ( read original story ...)
Xiaomi’s deflated IPO: What are the lessons?
Xiaomi, Hong Kong’s first listing with multiple-class share structure, made a weak trading debut on Monday. One can only speculate now as to whether the tepid investor response was due to bad timing f... ( read original story ...)
Exclusive: JD.com’s finance unit raises $2 billion, doubles valuation – sources
HONG KONG (Reuters) - JD.com Inc’s finance arm has raised at least 13 billion yuan ($1.96 billion) in fresh equity from Chinese investors, doubling its valuation ahead of an expected initial public of... ( read original story ...)
Hong Kong: HANG SENG INDEX (.HSI) stocks flat; China June inflation accelerates
Hong Kong shares ended Tuesday roughly flat on Tuesday ... which threaten to hurt Chinese exports and dampen business sentiment. The Hang Seng index was unchanged at 28,682.25, while the China Enterpr... ( read original story ...)
Listing reforms have made Hong Kong more competitive, says new financial advisory council chief
Laurence Li Lu-jen, who takes over as chairman of Hong Kong’s Financial Services Development Council, said on Tuesday listing reforms and other measures introduced by the government recently had enhan... ( read original story ...)
Surge in Hong Kong bankers wanting jobs at “price butcher” banks
“There’s now an increased willingness by ECM bankers from bulge bracket firms to move to Chinese banks,” says Yvette Kwan, a former APAC investment banking COO at UBS, now a partner at Hong Kong finan... ( read original story ...)
Hong Kong bank to pay $47 million for Foreign Corrupt Practices Act violation
WASHINGTON, D.C. — A Hong Kong investment bank will pay a $47 million criminal penalty to resolve allegations by the U.S. Department of Justice (DOJ) that the bank violated the Foreign Corrupt Practic... ( read original story ...)
Beijing’s Dislike Sinks Xiaomi Valuation To At Best 30% Below IPO Price
Xiaomi’s withdrawal from China IPO application and repeated cuts in valuation followed Chinese securities Watchdog’s queries. Its Hong Kong IPO price is set at bottom of original HK$17-22 target range ... ( read original story ...)